Pine Cliff Energy Ltd. announced a correction to its News Release dated August 1, 2023. Operational Update: Pine Cliff drilled one gross (0.7 net) NTU Pekisko oil well in the second quarter that, along with two gross (1.4 net) NTU Pekisko oil wells drilled during the first quarter, were all completed, tied-in and placed on production by the end of the second quarter. Production from these three gross (2.1 net) wells in the month of July was approximately 1,150 Boe/d (815 Boe/d net), resulting in average total Company production for the month of July of approximately 20,750 Boe/d.